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Top related persons:
Instacart - 2 Fidji Simo - 2 Apoorva Mehta - 1 Fidji - 1 Brandon Leonardo - 1 Max Mullen - 1 Fidji Simo's - 1 Simo - 1
Top related locs:
Wall Silicon
Top related orgs:
Instacart's - 1 Service - 1 SEC - 1

Search resuls for: "Fidji Simo's"


2 mentions found


☆ Instacart's CEO, Sequoia's Michael Moritz and D1's Daniel Sundheim have broken open the locked IPO market. Here's how much money they made.
  + stars: | 2023-09-19 | by ( Madeline Renbarger | Samantha Stokes | Vishal Persaud | ) www.businessinsider.com   time to read: 1 min
Instacart went public on Tuesday after raising $924 million in its IPO. Many of Instacart's executives, founders, and investors stand to make millions. Instacart's cofounder Apoorva Mehta and CEO Fidji Simo's stakes are worth $1.2 billion and $21.6 million. After a long lull in the IPO market, Instacart has jumped in as one of the first companies to break the tech IPO drought of the past two years and go public. This story is available exclusively to Insider subscribers.
Persons: Instacart, Apoorva Mehta, Fidji, Brandon Leonardo, Max Mullen, Fidji Simo Organizations: Instacart's
☆ Instacart CEO Fidji Simo will have stock worth a minimum of $13.4 million when the delivery company goes public, while the company's shoppers just got their minimum pay slashed to $4 per order
  + stars: | 2023-09-12 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +3 min
Instacart CEO Fidji Simo's shares of the company are set to be worth at least $13.4 million once it goes public. Instacart's shoppers make as little as $4 per batch in base pay after the company cut the minimum in July. As with many IPOs, that price range could change before the company goes public. Along with some shares she previously owned, that brings Simo's total to 515,647 shares she is expected to hold after Instacart goes public. AdvertisementAdvertisementSimo could also receive an additional 900,000 shares of Instacart stock in the coming years if the company's market capitalization reaches certain goals.
Persons: Fidji Simo's, Instacart, Fidji Simo, Simo Organizations: Service, SEC Locations: Wall, Silicon
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